BRADLEY D. TILDEN - 05 Nov 2021 Form 4 Insider Report for ALASKA AIR GROUP, INC. (ALK)

Role
CHAIRMAN
Signature
/S/ JEANNE E. GAMMON, ATTORNEY IN FACT FOR BRADLEY D. TILDEN
Issuer symbol
ALK
Transactions as of
05 Nov 2021
Net transactions value
-$153,479
Form type
4
Filing time
08 Nov 2021, 16:49:12 UTC
Previous filing
05 Nov 2021
Next filing
29 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALK COMMON STOCK Options Exercise $0 +6,570 +7% $0.000000 100,222 05 Nov 2021 Direct
transaction ALK COMMON STOCK Tax liability $153,479 -2,586 -2.6% $59.35 97,636 05 Nov 2021 Direct F3, F4
holding ALK COMMON STOCK 401(K) 15,473 05 Nov 2021 ESOP TRUST F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALK RESTRICTED STOCK UNITS Options Exercise $0 -6,570 -33% $0.000000 13,140 05 Nov 2021 COMMON STOCK 6,570 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 COMMON SHARES HELD IN THE ALASKA AIR GROUP INC. EMPLOYEE STOCK OWNERSHIP 401(K) PLAN TRUST, AS OF 12/31/2020.
F2 RESTRICTED STOCK UNITS VEST ANNUALLY IN EQUAL INSTALLMENTS ON THE FIRST THREE ANNIVERSARIES OF THE GRANT DATE AND CONVERT INTO COMMON STOCK ON A ONE-FOR-ONE-BASIS.
F3 SHARES FORFEITED TO COVER PAYROLL TAXES UPON VESTING OF RESTRICTED STOCK UNITS ON 11/05/2021.
F4 PRICE PROVIDED IN COLUMN 4 REPRESENTS THE FMV OF ALK SHARES ON THE DATE SHARES WERE FORFEITED FOR TAXES.